Azerbaijani President met with Maldivian President in Tianjin
On September 1, Azerbaijani President Ilham Aliyev met with Maldives President Mohamed Muizzu in Tianjin, China, to strengthen economic, trade, and to...
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
Canada’s economy contracted by 0.2 percent in February, the first monthly decline since November, as weakness in mining, oil and gas extraction and construction offset gains elsewhere, Statistics Canada reported on Wednesday.
The goods-producing side of the economy shrank 0.6 percent, led by a 2.5 percent slide in mining, quarrying and oil and gas extraction after two months of growth. Construction fell 0.5 percent—its first drop in four months—driven largely by a 0.9 percent decline in residential building activity. Service-producing industries edged down 0.1 percent, with modest pullbacks in real-estate rental and leasing, finance and insurance, and education.
Statistics Canada said harsh winter storms in several provinces contributed to February’s weakness. Businesses also faced softer demand after earlier stocking up on supplies amid uncertainty over potential U.S. tariffs; those advance purchases have left inventories high and dampened new orders.
Analysts had expected February output to be flat, matching the agency’s advance reading. January GDP had climbed 0.4 percent.
StatCan’s early estimate points to a 0.1 percent expansion in March and annualised first-quarter growth of about 1.5 percent, though final quarterly figures—calculated from expenditure and income data—may differ slightly.
While strong consumer spending and lower interest rates lifted growth late last year, the Bank of Canada warns that 2025 could prove challenging as the economy contends with U.S. duties on steel, aluminium, autos and other goods.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 1st of September, covering the latest developments you need to know.
Russian President Vladimir Putin said on Monday that NATO’s eastward expansion must be addressed to achieve lasting peace in Ukraine, praising efforts by China and India while highlighting progress from his recent talks with U.S. President Donald Trump.
Falling debris from a destroyed Ukrainian drone sparked a fire at a power substation in Kropotkin, Russia, which was quickly extinguished, authorities said.
Catastrophic flooding in Pakistan has affected 1.5 million people, with more than 850 deaths reported this monsoon season, as swollen rivers devastate villages and force mass displacement.
On 1 September, in Tianjin, China, a meeting took place between the President of the Republic of Azerbaijan, Ilham Aliyev, and the President of the Republic of Türkiye, Recep Tayyip Erdoğan, the press service of the Azerbaijani President reported.
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